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Financial Accounting Foundation
An independent, private-sector organization responsible for the oversight, administration, and finances of its standard-setting boards, including the Financial Accounting Standards Board (FASB) and the Governmental Accounting Standards Board (GASB).
Capital Stock
The total amount of shares that a company is authorized to issue, as specified in its corporate charter.
Primary Markets
Primary markets are financial markets where new issues of securities, such as stocks and bonds, are sold directly by the issuing company to investors.
Secondary Markets
Markets where investors buy and sell securities they already own, such as the stock market, rather than purchasing new securities directly from the issuer.
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